Author : Navin Kumar Rajpal
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (13 download)
Book Synopsis Micro, Small and Medium Enterprises in North East India by : Navin Kumar Rajpal
Download or read book Micro, Small and Medium Enterprises in North East India written by Navin Kumar Rajpal and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: India is home to a large number of small entrepreneurs. The Micro, Small and Medium Enterprises (MSMEs) play a dominant role in the economic development of India not only by providing employment opportunities to the large section of society but also by making a significant contribution to India's GDP and export. The major advantages of this sector are higher employment generation and income potential at low capital cost. The North Eastern Region (NER) of India is among the major backward regions of the country. The main reason for their uneven growth is their geographical location and distance from mainland. Further, factors like climatic conditions, poor infrastructure, political disturbances, local dominance and market unavailability have retarded the growth of industries in this region. The MSME sector provides a new hope not only to the unemployed population of the region but also in bringing overall balanced growth. This paper presents a comparative picture of MSME development in India and its NER. Further, special emphasis has been laid on the growth of MSME sector in different states of NER, their composition, and reasons for their backwardness and lower growth.